Blog

The real estate market in Spain has undergone significant changes in recent years, driven by various economic, demographic, and social factors. Since the recovery from the 2008 financial crisis, the sector has experienced notable fluctuations, most recently affected by the COVID-19 pandemic and rising inflation. Below, we explore the current state of Spain’s real estate...Read More

Despite record-high home prices, foreigners continue to actively purchase properties in Spain.In the first half of 2024, foreign buyers acquired 69,412 homes, marking a 1.8% increasecompared to the same period in 2023. These transactions represented 20.4% of all real estateactivity, with foreign residents accounting for 58.2% of the purchases, while non-residents madeup the remaining 41.8%....Read More

Spain is expecting a sudden increase of apartments being put up for sale. In recent years, manylandlords have shifted from renting apartments traditionally to entering the tourist apartmentindustry. This was due to a fear of tenant payment default and the larger profits often seen in thetourist apartment rental sector. However, this sector may shrink or...Read More

Renovating to save on taxes? Spain’s Treasury is cracking down, and your costly homeimprovements might no longer cut your tax bill. With the current income tax system in Spain, it is possible for owners to lower theirpersonal income tax on capital gains when selling a home by factoring in renovationcosts that are properly documented. However,...Read More

Thinking of making a change? We all know moving can be one of life’s most stressful events,especially when looking to go abroad. However, with smart planning and strategic choices, theprocess can be smoother than ever. In Spain, homes are being bought by foreigners at a rate higher than ever before and movinghas significantly increased nationally...Read More

We are consistently observing a strong trend of growth in the luxury market. Increasing interestin exclusive properties and prime real estate has driven the luxury home sector in recent years,with Spain becoming a particularly noteworthy market since 2019. Much of this interest hasbeen driven by foreigners buying property in Spain. The average value of luxury...Read More